National Bank Financial Weighs in on Capital Power FY2028 Earnings

Capital Power Co. (TSE:CPX) – Investment analysts at National Bank Financial issued their FY2028 earnings per share estimates for shares of Capital Power in a note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny forecasts that the company will earn $3.81 per share for the year. The consensus estimate for Capital Power’s current full-year earnings is $2.82 per share.

A number of other equities research analysts have also weighed in on CPX. CIBC boosted their price objective on shares of Capital Power from C$54.00 to C$68.00 and gave the company a “neutral” rating in a research report on Monday, December 30th. Scotiabank boosted their price target on Capital Power from C$66.00 to C$69.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Royal Bank of Canada dropped their price objective on Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 31st. ATB Capital lifted their target price on Capital Power from C$57.00 to C$63.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 18th. Finally, Desjardins increased their price target on Capital Power from C$60.00 to C$64.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$62.78.

Capital Power Stock Down 3.3 %

Shares of CPX opened at C$62.05 on Wednesday. The firm has a fifty day moving average price of C$60.84 and a 200-day moving average price of C$50.25. The company has a current ratio of 0.88, a quick ratio of 0.55 and a debt-to-equity ratio of 133.46. The firm has a market capitalization of C$8.06 billion, a P/E ratio of 12.29, a P/E/G ratio of 0.91 and a beta of 0.64. Capital Power has a 12-month low of C$33.90 and a 12-month high of C$68.73.

Capital Power Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a $0.652 dividend. This represents a $2.61 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Tuesday, December 31st. Capital Power’s payout ratio is currently 51.68%.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.